Five9 Employee Benefits and Perks | Glassdoor

Five9 Benefits

30 Ratings

Employer Summary

Five9 values our employees and strives to provide a comprehensive benefits and rewards program to attract and retain top talent. Five9 covers 100% of the employee portion of the healthcare benefits and shares a high portion of the dependent cost.

Employee Benefit Reviews

Showing 1–10 of 30 comments

Most Commented

  • May 01, 2020
    StarStarStarStarStar Current Engineer in San Ramon, California

    Good health, 401k matching, then even when we are fully up and working due to Corona virus they gave out an extra bonus to help EVERYONE. Very impressive.

  • May 19, 2020
    StarStarStarStarStar Current Employee in San Ramon, California

    Pros: Employee stock purchase plan, RSUs, modest 401k match, 100% premiums paid on individual health insurance and $1800/yr added to your HSA if you pick the HDHP option. Cons: I think the glaring missing benefit is lack of parental leave, and the 401k match is on the smaller side.

  • Apr 22, 2020
    StarStarStarStarStar Former Employee in Miami, Florida

    Very comprehensive - market comparable.

  • Mar 01, 2020
    StarStarStarStarStar Current Sr. Software Engineer in San Ramon, California

    Work life balance, and WFH options During Christmas 1 week shutdown Health benefits are not that great 401K match started this year with $500 match for every quarter Friday free lunch

  • Feb 27, 2020
    StarStarStarStarStar Current Employee in Memphis, Tennessee

    Compensation is above average, insurance benefits are average, and retirement benefits are below average overall. Able to work from home.

  • Feb 24, 2020
    StarStarStarStarStar Current Employee in San Ramon, California

    401k matching was finally announced! small, but a step in the right direction.

  • Feb 02, 2020
    StarStarStarStarStar Former Employee in San Ramon, California

    Overall benefits are okay. They recently started a small match for 401(k), however the biggest frustration is the PTO situation at Five9. The number of PTO days is on the lower end of average, but the fact that the company forces its employees to take 3 days (24 hours) of PTO between Christmas and the New Year is ridiculous. They promote it as “we’re closing down for a winter break so you can be with your family and relax” but in fact, they take 3 days worth of PTO away from you. In my opinion, if you care about your employees’ family and work life balance, do it like other companies and just shut down for a week like a holiday, but don’t make us take PTO!

    Five9 Response

    As a fast growing company, we are continually evaluating our benefits and policies, as evidenced by the recent roll out of our 401(k) match. We continue to look for ways to improve our benefit offerings, and our PTO policy is currently under review. Thanks for your feedback.

  • Jul 09, 2019
    StarStarStarStarStar Current Employee in San Ramon, California

    No 401(k) match by the company.

  • Jun 16, 2019
    StarStarStarStarStar Former Employee in San Ramon, California

    Great benefits - but no 401k match

  • May 19, 2019
    StarStarStarStarStar Current Employee in San Ramon, California

    The benefit is not that great. Fully paid health insurance for employees, but if you want to add dependents, you need to pay a lot out of each paycheck. PTO is really limited. only 15 days per year. Free lunch only on Friday, no other food/drink provided outside of that. No 401k match. ESPP program is good.

Benefits Summary

List based on reports from current and former employees. It may not be complete.

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Insurance, Health & Wellness

  • CheckmarkHealth Insurance (24)
  • Dental Insurance
  • Flexible Spending Account (FSA)
  • Vision Insurance
  • Health Savings Account (HSA)
  • Life Insurance
  • Supplemental Life Insurance
  • Disability Insurance
  • Occupational Accident Insurance
  • Health Care On-Site
  • Mental Health Care
  • Retiree Health & Medical
  • Accidental Death & Dismemberment Insurance

Financial & Retirement

Family & Parenting

Vacation & Time Off

Perks & Discounts

Professional Support

  • Diversity Program
  • Job Training
  • Professional Development
  • Apprenticeship Program
  • Tuition Assistance

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